129, MILL ROAD, PELSALL, WALSALL, WS4 1BU - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

129 MILL ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £375,000 in June 2021, which was around 23% above the average June 2021 detached price in the Walsall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

129 MILL ROAD Sold Prices

Land registry data shows two sales for 129 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 129 MILL ROAD sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 21 JUN	£375,000	£304,319	23% above HPI
2018 20 JUN	£185,000	£264,386	30% below HPI

129 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 129 MILL ROAD sales from June 2018 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 129 MILL ROAD?

129 MILL ROAD is 77m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 129 MILL ROAD lies on this distribution: 3% of detached houses are smaller than 129 MILL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

129 MILL ROAD: Plot and Title Map

129 MILL ROAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 129 MILL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 129 MILL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 129 MILL ROAD?

129 MILL ROAD is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 129 on MILL ROAD.